Whale is a term used in the gambling industry, particularly in casinos, to describe a type of gambler who consistently wagers large amounts of money. Whales, also known as high rollers, are players who bet in significantly larger amounts than the average gambler, often playing with tens or hundreds of thousands of dollars, or even more, in a single session.
- Significant Bets: Whales are known for their propensity to place huge bets. They often play in exclusive areas of casinos where the stakes are much higher than the main casino floor.
- Targeted by Casinos: Due to the large amounts of money they spend, whales are highly sought after by casinos. Casinos often go to great lengths to attract and retain these players, offering a range of incentives and luxury accommodations.
- Complimentary Services (Comps): Whales typically receive an array of complimentary services from casinos, such as free private jet transfers, limousine use, luxury suites, and access to the best restaurants and entertainment events. These perks are part of the casino’s strategy to encourage continued play.
- Impact on Casino Revenue: A single whale can significantly impact a casino’s revenue. Their high-stakes play can lead to large fluctuations in the casino’s earnings, with the potential for both substantial wins and losses.
- International Appeal: Whales are not limited to any single geographic region. Many are international players, and major casinos around the world compete to attract them to their venues.
- Risk Tolerance: Whales typically have a high tolerance for risk, often viewing gambling as a form of entertainment rather than a way to make money. They are willing to risk large sums for the thrill and excitement of the game.
- Privacy and Exclusivity: Many whales value privacy and exclusivity, preferring to gamble in private rooms away from the general casino floor. Casinos cater to this preference by offering private gaming salons and VIP sections.
- Game Preferences: While whales can be found playing a variety of casino games, they often favor games like baccarat, blackjack, and high-stakes poker.